Fitch cuts UnitedHealth ratings
The Boston Globe, January 31, 2008
Fitch Ratings on Wednesday downgraded UnitedHealth Group Inc. default rating to 'A' from 'A+' and lowered the outstanding senior unsecured debt rating to 'A-' from 'A', all of which are upper medium grade ratings. Fitch cited a review showing the healthcare services company will be more leveraged than previously anticipated, and said the rating changes take into account the possible $1.3 billion in fines UnitedHealth is facing for alleged state law violations in California.
Most Viewed
Most Emailed
- Primary Care Docs Average More Hospital Revenue Than Specialists
- 69% of Employers Plan to Offer Healthcare Coverage After 2014
- How Chargemaster Data May Affect Hospital Revenue
- House Lawmakers Grill CMS Over Health Exchange Navigators
- ED Physicians Key to Half of Hospital Admissions
- Insurer's App Aims to Lower Healthcare Costs, Securely
- Don't Let Nurses Sink Your Bottom Line
- Q&A: Catholic Health Initiatives' New Senior VP for Capital Finance
- Building a Better Healthcare Board
- Hospital Pricing Irks Nurses; More Jobs, Less Pay
